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There are numerous advantages of saving money in a bank for both the person saving the money and others.
a. The money you save earns you interest income
b. The money you save is lent out as loans to help out others
c. The money you save can be withdrawn at any point in future to help you with your financial needs.
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∙ 12y ago
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What are the advantages in saving money in the bank?
if you save your money in the bank you are quite sure if anything goes wrong (i.e robbery, fire-outbreak etc) the bank will replace it.
What s the advantage of having a saving bank?
The chief advantages of having a Saving Bank Account are 01) It enables to save money.02) It develops the habit of Saving.03) It enables us to deal less in physical cash.
What the objective of a saving bank account main?
Saving money. Obviously
What is main objective of a saving bank account?
Saving money. Obviously
What is meant by motives of commercial bank?
saving the money
How to use the word saving in a sentence?
Saving can be used in a sentence many ways. For example you can use it referring it as saving money in the bank: How much money are you saving in your savings account?
How do you find what happen to money from philadelphia saving fund society bank saving account?
i worked for this bank and have not received my vestyed money it's been ten yrs now
How can people save money besides in a saving account?
in a bank
Is good for company to make payment of something and collect from customer later?
It will defends on the situation,The advantages to make payment later to the customer.The company saving money or invest it to the bank
What are the advantages and disadvantages of bank guarantee?
Economical: bank guarantees are quite cost-saving as compared with bank loansSafe: reduction of risks inherent in transaction
What happened to coast federal saving bank?
Money collectinc for the people
What do the people do to deposit their saving in a bank?
to save money for college or retirement
